Maria Cervantes - Jun 21, 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Signature
Maria Cervantes de Burgreen, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Jun 21, 2023
Transactions value $
-$18,045
Form type
4
Date filed
6/23/2023, 07:17 PM
Previous filing
May 22, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Sale -$18K -1.2K -3.62% $15.00 32K Jun 21, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 12, 2022.
F2 Includes 2,857 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 5,118 shares held through Issuer's 401(k) Plan.